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Originally Posted by Daytr
Actually the Kiwi hit about 55c only a little over a year ago.
Quite right, and even .5469 about 3 years ago, but a lot of water has flown under the bridge since then.
NZ economy is on a surer footing, Covid and its related global uncertainty and economic lockdowns are behind us.
What in the current stronger environment makes NZD merit venturing into the 5 year low ranges.
In fact, if NZ gets its act together on India partnership and FTAs, we should be well above the long-term mean, and back in the .70s again
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